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SNC Scandic Coin (SNC) Project Launch: Real Assets Meet Digital Utility

BeInCrypto
SNC Scandic Coin launches, integrating real-world assets with digital utility for payments and loyalty, emphasizing transparency and compliance.

Summary

The SNC Scandic Coin (SNC) project has been launched by Scandic Finance Group (SFG), aiming to differentiate itself from speculative cryptocurrencies by serving as a regulated payment, access, and loyalty instrument. Users can utilize SNC for various services including media apps, private jet flights, yachts, cars, AI products, and domains, while also benefiting from loyalty programs. The project emphasizes transparency, audit, and compliance, with its smart contract audited by CertiK and featuring KYC-KYB and AML systems managed by CRIF. SNC is positioned as part of a broader Scandic ecosystem with divisions like SNC Scandic Fly and SNC Scandic Cars, all intended to use the coin as a common payment method for Real-World Asset (RWA) services. The coin offers real-world utility, low fees, fast processing, an integrated ecosystem, and a transparent structure with a fixed token supply of one billion tokens, launching at 0.02 EUR. The roadmap includes a Token Generation Event (TGE) followed by integration with partner services before global scaling. Trading is expected to commence on BitMart and other major exchanges shortly after the mainnet launch. The project highlights its values of Security, Network, and Community, alongside Scandinavian principles of transparency, but also acknowledges inherent risks associated with digital assets.

(Source:BeInCrypto)